Company Valuation: Disco Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 12,41,500 16,57,021 61,96,471 32,39,857 66,42,215 76,87,108 - -
Change - 33.47% 273.95% -47.71% 105.02% 15.73% - -
Enterprise Value (EV) 1 11,15,729 14,93,968 59,80,985 30,10,690 63,57,640 73,21,056 72,19,665 71,02,595
Change - 33.9% 300.34% -49.66% 111.17% 15.15% -1.38% -1.62%
P/E 18.7x 20x 73.6x 26.1x 49x 42.2x 35.1x 31.6x
PBR 4.24x 4.78x 15.3x 6.78x 11.3x 11x 9.22x 7.84x
PEG - 0.8x 47.66x 0.6x 5.26x 1.2x 1.7x 2.9x
Capitalization / Revenue 4.89x 5.83x 20.1x 8.24x 15.2x 14.2x 12.2x 11x
EV / Revenue 4.4x 5.26x 19.4x 7.65x 14.6x 13.5x 11.5x 10.1x
EV / EBITDA 11.2x 12.4x 45.1x 16.8x 31.8x 28.5x 23.7x 20.9x
EV / EBIT 12.2x 13.5x 49.2x 18x 34.4x 29.9x 24.5x 21.1x
EV / FCF 27.8x 21.7x 73.7x 56.3x -2,856x 57.8x 40.9x 32x
FCF Yield 3.59% 4.6% 1.36% 1.78% -0.04% 1.73% 2.44% 3.12%
Dividend per Share 2 269.3 305.3 307 413 505 656.9 819.1 1,026
Rate of return 2.35% 2% 0.54% 1.38% 0.82% 0.93% 1.16% 1.45%
EPS 2 611.7 765.5 777.3 1,143 1,250 1,679 2,021 2,243
Distribution rate 44% 39.9% 39.5% 36.1% 40.4% 39.1% 40.5% 45.8%
Net sales 1 2,53,781 2,84,135 3,07,554 3,93,300 4,36,889 5,42,303 6,28,960 7,00,152
EBITDA 1 1,00,064 1,20,784 1,32,521 1,79,000 1,99,810 2,57,157 3,05,185 3,39,848
EBIT 1 91,513 1,10,413 1,21,490 1,66,800 1,84,989 2,45,254 2,95,068 3,36,039
Net income 1 66,206 82,891 84,205 1,23,900 1,35,521 1,81,733 2,18,606 2,48,331
Net Debt 1 -1,25,771 -1,63,053 -2,15,486 -2,29,167 -2,84,575 -3,66,052 -4,67,443 -5,84,513
Reference price 2 11,466.67 15,300.00 57,190.00 29,895.00 61,240.00 70,870.00 70,870.00 70,870.00
Nbr of stocks (in thousands) 1,08,270 1,08,302 1,08,349 1,08,375 1,08,462 1,08,468 - -
Announcement Date 21/04/22 20/04/23 25/04/24 17/04/25 22/04/26 - - -
1JPY in Million2JPY
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
45.66x14.18x41.11x0.32% 48TCr
75.74x11.41x58.1x0.13% 8.57TCr
115.1x24.17x112.55x0.07% 6.14TCr
41.41x10.78x28.21x0.43% 5.09TCr
51.15x4.98x14.65x0.06% 3.78TCr
120.07x28.2x121.79x0.1% 3.55TCr
105.01x20.81x93.51x0.2% 2.79TCr
116.28x26.39x96.07x0.12% 2.36TCr
63.75x21.03x46.83x1.33% 2.31TCr
Average 81.58x 18.00x 68.09x 0.31% 9.16TCr
Weighted average by Cap. 61.70x 15.38x 53.17x 0.29%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  5. Valuation Disco Corporation